Racing Queensland Limited has confirmed it plans to sell Albion Park Raceway in Brisbane and scrap a proposed greyhound facility at nearby Logan to revitalise the industry.

The controversial sell-off of Albion Park could generate $100 million but the move has been strongly opposed by the Brisbane City Council.

Chairman Bob Bentley has released a blueprint for the three racing codes.

The proceeds of the sale would go towards a greyhound and harness racing centre at Deagon in Brisbane's north, a racing and training facility at the Ipswich Turf Club, west of Brisbane, as well as upgrades at other Queensland tracks.

The industry infrastructure plan also confirmed a $49 million upgrade of the Gold Coast Turf Club.

Racing Queensland says it will also redevelop the Cannon Park racetrack in Cairns in the state's far north under the proposed plan.

The plan would include an upgrade of buildings, the course, stables as well as additional TAB race meetings.

Mr Bentley says several regional racecourses would benefit from the proposed sale, including Cairns.

"There will be $6 million for Cairns for a multi-use greyhound and thoroughbred facility as well as training and will also help to revitalise the Amateurs in Cairns, which is the biggest racing event in north Queensland," he said.

'Pointless exercise'

But Bill Dixon from the Harness Racing Owners and Trainers Association says the Albion Park facility should be upgraded, not sold.

"It just seems a pointless exercise to knock things down we've already got and shift it somewhere else," he said.

"It's in the prime spot to be able to develop things and encourage people to come there.

"It's a high-dense population area so we can get out there and sell it, as long as we've got a facility that when you get people there, they can enjoy it."

Brisbane Lord Mayor Campbell Newman says he does not support the planned sell off of Albion Park Raceway.

"It's all about dollars and they're trying to make this sort of seductive call about 'let us do this and we'll do this over here'," he said.

"If I was to roll over on this, we'd see all sorts of bad things happening to sport and recreational land across Brisbane."

However, Mr Bentley says he is expecting some criticism over plans to sell Albion Park Raceway in Brisbane.

He says the harness racing industry may not be entirely happy.

"They see Albion Park as somewhere where they call it 'the traditional home of harness racing', but at the end of the day we've got to make decisions because it's an industry asset," he said.

"It's not one code's particular asset any more and we think what we're going to provide for the harness industry far outweighs the position of keeping Albion Park."